baked in

baked inadj.— «Archipelago shares have marched steadily higher since April, when the deal was announced, from $18 per share then to about $64 as of Tuesday’s close. Some analysts have suggested this means any gains were already “baked in,” which is Wall Street parlance for “it ain’t gonna to get any better than this.”» —“NYSE Group’s Stellar Opening Day” by Liz Moyer Forbes Mar. 9, 2006. (source: Double-Tongued Dictionary)

Space Cadet (episode #1514) 12/24/2018: We have books for language-lovers and recommendations for history buffs. • How did the word boondoggle come to denote a wasteful project? The answer involves... [more]